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On January 1, Five Star Services has the following balances: Accounts Receivable $27,000 (debit) Bad Debts Expense $0 D Five Star Services has the

On January 1, Five Star Services has the following balances: Accounts Receivable $27,000 (debit) Bad Debts Expense $0 D Five Star Services has the following transactions during January: Credit sales of $130,000, collections of credit sales of S method. At the end of January, the balance of Accounts Receivable is OA. $68,000 OB. $11,638 OC. $51,000 OD. $24,831

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